Wits Basin Precious Minerals (fka WITM)

[YankeeAce]

Sorry for the delay on these PR's, I've been distracted. I highly encourage you to check out the company website as it now includes pictures of the site and maps of the project. As far as I can tell we dewatered to the 300 foot level in August. After the level reached below 100 feet and the assessment was successful they switched to a 35hp pump for dewatering. In comparison to the 10hp that they were using this had to move things along much quicker.

There is unlimited potential in this mining region. It all boils down to how fast they can mine it. Once dewatering hits the 600 foot level we will start to get the results. This level is where we start to get into the historic 3 to 4 oz per ton region. The 150 foot level which is about where the initial tests were done historically only show up to 2.6 oz per ton levels. Then beyond that the 727 foot level is the gold mine (pun intended). At this level there were historical findings of 5 to 8 oz per ton levels. Judging from the vein section diagram (although maybe not 100% to scale) I would say that only half of the vein has been removed which means there are tons (pun intended) of gold in them their hills.